Category: Latest news

[ad_1] Major crypto-centric firms are off to a robust start in the new year, marked by significant market trading upticks in their shares amid Bitcoin’s rally above $45,000. According to Yahoo Finance data, leading crypto companies like Coinbase, MicroStrategy, Marathon Digital, Riot Platforms, Hive Digital, Canaan, and Hut 8 witnessed considerable price growth during the…

[ad_1] Quick Take A notable development ensues as Bitcoin enters 2024 with the reappearance of premiums on both Chicago Mercantile Exchange (CME) futures and Coinbase. Data analysis reveals a discernible price discrepancy between CME’s Bitcoin futures, trading approximately at $46,400, and Binance’s BTCUSDT pair, exchanging hands at about $45,300. This almost $1,000 variance emerges as…

[ad_1] Phishing scams stole around $300 million worth of cryptocurrencies from 320,000 investors in 2023, according to the yearly report from web3 security firm Scam Sniffer. Phishing scams are one of the most common means of attack against the emerging industry and have resulted in the loss of millions of funds. In one incident, these…

[ad_1] Quick Take Observations since October 2023 indicate a consistent upward trend in the Stablecoin Supply Ratio (SSR), closely tracking the upper bound of the ratio. This measure, which represents the relationship between the supply of Bitcoin and that of stablecoins denominated in Bitcoin, acts as an indicator of the supply-demand dynamics between Bitcoin and…

[ad_1] Ping Exchange has initiated trading operations, marking a significant evolution for Core Blockchain following the simultaneous launch of CorePass ID for user authentication. A new entrant in the crypto trading landscape, Ping Exchange recently commenced trading on Jan. 1 with a unique feature: the integration of CorePass ID for user authentication. This system leverages…

[ad_1] Quick Take The opening of 2024 has seen Bitcoin demonstrating a robust performance, with an 8% increase already recorded. A notable milestone was achieved when Bitcoin hit the $45,900 mark, which, interestingly, would be a high in 2023. BTCUSD: (Source: Trading View) Despite a minor sell-off towards the end of 2023, recent data shows…

[ad_1] Orbit Chain, a cross-chain platform, announced in an X message on Jan. 1 that it suffered an attack on the previous day. The project wrote that it confirmed “unidentified access” to its bridge platform late on Dec. 31. Orbit Chain said it is engaging with international law enforcement. It said it is working with…

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[ad_1] Bitcoin developer Jimmy Song, known for his maximalist views, expressed skepticism toward the Ordinals protocol, likening it to a run-of-the-mill altcoin scam. Song’s comments come amid growing discussions in the Bitcoin community about the Ordinals protocol, which was introduced in early 2023 and has since sparked debate over its impact on the Bitcoin network.…

[ad_1] Ethereum has released its roadmap for 2024, focusing on scalability, security, and sustainability improvements. Ethereum co-founder Vitalik Buterin announced the plan on social media on Dec. 31, outlining several key initiatives for the platform’s development. Enhancements in scalability In 2022, Ethereum underwent a significant change known as ‘The Merge,’ transitioning from a proof-of-work (PoW)…